Pool-based system for organizing and measuring personalized financial management techniques
AssigneeBusiness Logic Corporation
InventorsDirk Quayle, Jon Hagen
Life of this patent
Estimating the term…
Abstract
A system and method for a money pools system is presented. The money pools system includes a plurality of financial positions that are allocated to a plurality of pools. A category may be used to contain a grouping of pools. Multiple categories allow a user to view aggregated financial positions that are common to the multiple categories. New pools and categories may be created by a user, a financial institution, and/or a third party. Pool systems may also incorporate pool templates to facilitate the creation of pools. Pool templates may also be shared over a network of interconnected money pool systems.
Claims57
A method for financial planning comprising:
- storing on a computer readable medium a plurality of financial positions, wherein each of the plurality of financial positions is held in a corresponding account, so that the plurality of financial positions is held in one or more accounts;
- allocating a first portion of the plurality of financial positions to a first pool located within a first plurality of pools associated with a first category;
- allocating a second portion of the plurality of financial positions to a second pool located within a second plurality of pools associated with a second category, wherein the second portion shares at least one financial position with the first portion;
- and
- creating a third pool that includes at least two pools from the first plurality of pools, wherein the third pool includes the first pool, and wherein each pool within the third pool share a third pool reason.
A method for financial planning comprising:
- storing on a computer readable medium a plurality of financial positions, wherein each of the plurality of financial positions is held in a corresponding account, so that the plurality of financial positions is held in one or more accounts;
- allocating a first portion of the plurality of financial positions to a first pool located within a first plurality of pools associated with a first category, wherein the first portion constitutes a grouping of financial positions that share a first pool reason;
- allocating a second portion of the plurality of financial positions to a second pool located within a second plurality of pools associated with a second category, wherein the second portion constitutes a grouping of financial positions that share a second pool reason;
- and
- creating a third pool that includes at least the first pool and a third portion of the plurality of financial positions, wherein the third portion of financial positions are located in the first category and not located in the first pool, and wherein all of the financial positions located in the third pool share a third pool reason;
- deriving at least one of the first pool, the third pool, and the first category from a pool template.
A method for financial planning comprising:
- storing on a computer readable medium a plurality of financial positions, wherein a first portion of the plurality of financial positions are allocated to a first pool located within a first plurality of pools associated with a first category, wherein a second portion of the plurality of financial positions are allocated to a second pool located within a second plurality of pools associated with a second category, and wherein the second portion shares at least one financial position with the first portion;
- sharing at least one of the first and second pools with a pool system network, wherein the at least one of the first and second pools correspond to a first local pool system, wherein the pool system network includes a plurality of networked local pool systems.
Dependencies are inferred from the claim text.